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VEEM ASX:VEE Stock Report

Last Price

AU$1.75

Market Cap

AU$233.4m

7D

0%

1Y

284.6%

Updated

19 Apr, 2024

Data

Company Financials +

VEE Stock Overview

VEEM Ltd engages in the manufacture and sale of marine propulsion and stabilization systems.

VEE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends0/6

VEEM Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VEEM
Historical stock prices
Current Share PriceAU$1.75
52 Week HighAU$1.95
52 Week LowAU$0.38
Beta1.26
1 Month Change13.27%
3 Month Change58.37%
1 Year Change284.62%
3 Year Change59.09%
5 Year Change236.54%
Change since IPO186.89%

Recent News & Updates

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Apr 16
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

When Should You Buy VEEM Ltd (ASX:VEE)?

Mar 14
When Should You Buy VEEM Ltd (ASX:VEE)?

Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%

Mar 14
Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%

Recent updates

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Apr 16
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

When Should You Buy VEEM Ltd (ASX:VEE)?

Mar 14
When Should You Buy VEEM Ltd (ASX:VEE)?

Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%

Mar 14
Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%

VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 25
VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Returns On Capital At VEEM (ASX:VEE) Have Stalled

Jan 22
Returns On Capital At VEEM (ASX:VEE) Have Stalled

Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%

Dec 18
Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%

These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well

Nov 16
These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well

Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)

Sep 21
Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)

Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?

Aug 19
Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?

Is VEEM (ASX:VEE) Using Too Much Debt?

Jun 26
Is VEEM (ASX:VEE) Using Too Much Debt?

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Jan 24
Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Dec 12
Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Nov 16
Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Oct 17
VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Aug 16
Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

Jul 10
Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Jun 19
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

May 03
Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

Mar 15
Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease

Sep 05
I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease

VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 06
VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

With EPS Growth And More, VEEM (ASX:VEE) Is Interesting

Jun 03
With EPS Growth And More, VEEM (ASX:VEE) Is Interesting

Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

May 13
Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?

Mar 09
Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?

Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?

Feb 22
Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?

What Does VEEM's (ASX:VEE) CEO Pay Reveal?

Feb 05
What Does VEEM's (ASX:VEE) CEO Pay Reveal?

Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?

Jan 21
Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?

VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 06
VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide

Dec 22
We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide

Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture

Dec 08
Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture

The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More

Nov 25
The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More

Shareholder Returns

VEEAU MachineryAU Market
7D0%-0.5%-2.2%
1Y284.6%29.4%4.5%

Return vs Industry: VEE exceeded the Australian Machinery industry which returned 29.4% over the past year.

Return vs Market: VEE exceeded the Australian Market which returned 4.5% over the past year.

Price Volatility

Is VEE's price volatile compared to industry and market?
VEE volatility
VEE Average Weekly Movement8.5%
Machinery Industry Average Movement7.4%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.4%

Stable Share Price: VEE's share price has been volatile over the past 3 months.

Volatility Over Time: VEE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aMark Miocevichwww.veem.com.au

VEEM Ltd engages in the manufacture and sale of marine propulsion and stabilization systems. It offers gyrostabilizers; CNC machined monobloc and fixed pitch propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest and shaft lines and marine ride control fins.

VEEM Ltd Fundamentals Summary

How do VEEM's earnings and revenue compare to its market cap?
VEE fundamental statistics
Market capAU$233.44m
Earnings (TTM)AU$5.78m
Revenue (TTM)AU$69.53m

41.1x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEE income statement (TTM)
RevenueAU$69.53m
Cost of RevenueAU$27.15m
Gross ProfitAU$42.38m
Other ExpensesAU$36.59m
EarningsAU$5.78m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.043
Gross Margin60.95%
Net Profit Margin8.32%
Debt/Equity Ratio12.4%

How did VEE perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

30%

Payout Ratio
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